A Personal Finance Blog for Malaysian: Buy in RM why Pay in USD?

Monday, November 22, 2010

Buy in RM why Pay in USD?

My wife was trying to buy clothes from a Malaysia website, price quoted in RM.

When come to payment by Paypal, price changed to USD and total payment in RM increased. So we end up cancel the Paypal and choose Direct Bank Transfer into the seller's Maybank account in KL.

Why can't the e-shop owner register RM as the payment currency in Paypal?

Which currency make more sense when you are selling to fellow Malaysian?

Do you know that now RHB Bank tied up with Paypal? Check their website here.

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